FRN Variable Rate Fix

Re: British Telecommunications Plc

GBP 340,000,000.00

MATURING: 25-Jun-2042

ISIN: XS1833078600

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 25-Jun-2022 TO 25-Jun-2023

HAS BEEN FIXED AT 2.04 PCT

DAY BASIS: ACTUAL/ACTUAL(ISMA)

INTEREST PAYABLE VALUE 25-Jun-2023 WILL AMOUNT TO:

GBP 6,942,800.00 PER GBP 340,000,000.00 DENOMINATION

View source version on businesswire.com: https://www.businesswire.com/news/home/20230606005838/en/

Citibank